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Loans and Loans Held for Sale (Tables)
 3 Months Ended
Mar. 31, 2016
Receivables [Abstract]  
Composition of Loans
The following table indicates the composition of the acquired and originated loans as of the dates presented:
(dollars in thousands)
March 31, 2016
 
December 31, 2015
Commercial

 

Commercial real estate
$
2,260,231

 
$
2,166,603

Commercial and industrial
1,334,119

 
1,256,830

Commercial construction
379,293

 
413,444

Total Commercial Loans
3,973,643

 
3,836,877

Consumer

 

Residential mortgage
650,544

 
639,372

Home equity
467,671

 
470,845

Installment and other consumer
76,189

 
73,939

Consumer construction
8,701

 
6,579

Total Consumer Loans
1,203,105

 
1,190,735

Total Portfolio Loans
5,176,748

 
5,027,612

Loans held for sale
11,739

 
35,321

Total Loans
$
5,188,487

 
$
5,062,933
Restructured Loans for Periods Presented
The following table summarizes the restructured loans as of the dates presented:
 
March 31, 2016
 
December 31, 2015
(dollars in thousands)
Performing
TDRs
Nonperforming
TDRs
Total
TDRs
 
Performing
TDRs
Nonperforming
TDRs
Total
TDRs
Commercial real estate
$
6,339

$
3,747

$
10,086

 
$
6,822

$
3,548

$
10,370

Commercial and industrial
6,280

1,695

7,975

 
6,321

1,570

7,891

Commercial construction
4,367

1,742

6,109

 
5,013

1,265

6,278

Residential mortgage
2,537

1,193

3,730

 
2,590

665

3,255

Home equity
3,215

911

4,126

 
3,184

523

3,707

Installment and other consumer
23

3

26

 
25

88

113

Total
$
22,761

$
9,291

$
32,052

 
$
23,955

$
7,659

$
31,614
Restructured Loans for Periods Stated
The following tables present the restructured loans during the periods presented:
 
Three Months Ended March 31, 2016

Three Months Ended March 31, 2015
(dollars in thousands)
Number of
Loans
Pre-Modification
Outstanding
Recorded
Investment(1)
Post-Modification
Outstanding
Recorded
Investment(1)
Total  Difference
in Recorded
Investment

Number of
Loans
Pre-Modification
Outstanding
Recorded
Investment(1)
Post-Modification
Outstanding
Recorded
Investment(1)
Total  Difference
in Recorded
Investment
Commercial real estate
 
 
 
 





Principal deferral
—

$
—

$
—

$
—


2

$
2,851

$
2,851

$
—

Chapter 7 bankruptcy(2)
1

709

702

(7
)

—

—

—

—

Commercial and industrial
 
 
 
 

 
 
 


Principal deferral
—

—

—

—


6

661

661

—

Chapter 7 bankruptcy(2)
—

—

—

—


1

3

1

(2
)
Maturity date extension
2

625

605

(20
)

1

780

765

(15
)
Commercial Construction
 
 
 
 

 
 
 


Principal deferral
—

—

—

—


1

104

103

(1
)
Maturity date extension
1

33

33

—

 
—

—

—

—

Residential mortgage
 
 
 
 

 
 
 


Chapter 7 bankruptcy(2)
3

221

219

(2
)

—

—

—

—

Maturity date extension
1

483

483

—

 
—

—

—

—

Home equity
 
 
 
 

 
 
 


Principal deferral
—

—

—

—


—

—

—

—

Chapter 7 bankruptcy(2)
5

245

243

(2
)

8

142

133

(9
)
Maturity date extension and interest rate reduction
1

130

130

—

 
—

—

—

—

Maturity date extension
2

200

199

(1
)
 
1

71

71

—

Total by Concession Type













Principal deferral
—

$
—

$
—

$
—


9

$
3,616

$
3,615

$
(1
)
Maturity date extension and interest rate reduction
1

130

130

—

 
—

—

—

—

Chapter 7 bankruptcy(2)
9

1,175

1,164

(11
)
 
9

145

134

(11
)
Maturity date extension
6

1,341

1,320

(21
)
 
2

851

836

(15
)
Total
16

$
2,646

$
2,614

$
(32
)

20

$
4,612

$
4,585

$
(27
)
(1) Excludes loans that were fully paid off or fully charged-off by period end. The pre-modification balance represents the balance outstanding prior to modification. The post-modification balance represents the outstanding balance at period end.
(2) Chapter 7 bankruptcy loans where the debt has been legally discharged through the bankruptcy court and not reaffirmed.
Summary of Nonperforming Assets of Defaulted TDRs
The following tables present a summary of TDRs which defaulted during the periods presented that had been restructured within the last 12 months prior to defaulting:
 
Defaulted TDRs
 
March 31, 2016
 
March 31, 2015
(dollars in thousands)
Number of
Defaults
Recorded
Investment


Number of
Defaults
Recorded
Investment

Commercial real estate
—
$
—


—
$
—

Commercial and Industrial
—
—


—
—

Commercial construction
1
616


—
—

Residential mortgage
—
—


1
183

Home equity
—
—


1
5

Installment and other consumer
—
—

 
—
—

Consumer construction
—
—

 
—
—

Total
1
$
616


2
$
188
Summary of Nonperforming Assets
The following table is a summary of nonperforming assets as of the dates presented:
 
Nonperforming Assets
(dollars in thousands)
March 31, 2016
 
December 31, 2015
Nonperforming Assets

 

Nonaccrual loans
$
42,543

 
$
27,723

Nonaccrual TDRs
9,291

 
7,659

Total nonaccrual loans
51,834

 
35,382

OREO
297

 
354

Total Nonperforming Assets
$
52,131

 
$
35,736